Posted by admin | Posted in Uncategorized, opinion | Posted on 30-11-2011
New York – With Facebook’s $100 billion IPO looming, the FTC subjects the social network to strict new rules that could protect users — but hamstring Facebook. A concise guide
After asserting that Facebook had made “unfair and deceptive” claims about its privacy policies, the Federal Trade Commission reached a settlement with the social network Tuesday. The settlement, which coincides with reports that an imminent IPO could value Facebook at more than $100 billion, outlines a series of changes to the company’s privacy practices. Here’s what you should know:
Why are the Feds cracking down?
It’s no secret that Facebook has a long, troubled history regarding users’ privacy. In